Dealership Buy/Sell

This Automotive News feature lists dealership acquisitions as reported by brokers, official announcements and news media. Click on column headers to sort by field.

NEWEST OLDEST Results for 'Newest'
Date Posted Sort ascending Title Sort ascending Buyer Sort ascending Seller Sort ascending Dealership Name Sort ascending Dealership New Name Sort ascending Dealership Old Name Sort ascending More Sort ascending
12/09/2013 Everett/ Barrett David Everett Barbara Bush Barrett Everett Chevrolet-Buick-GMC Rooster Bush Chevrolet-GMC- Cadillac, Morganton, N.C.

Bob Morris of Tim Lamb Group was the buy/sell consultant.

12/09/2013 Ferguson/ Hill Andrew Ferguson Eric Hill Nissan of New Orleans Eric Hill Nissan, New Orleans

Dick Pryor of Tim Lamb Group was the buy/sell consultant.

12/09/2013 Serpentini/ Aldahan Bob Serpentini Richard Aldahan Performance Nissan Pompano Nissan, Pompano Beach, Fla.

Bob Morris of Tim Lamb Group was the buy/sell consultant.

12/02/2013 Lithia/ Geweke Lithia Motors Inc. Geweke Motors Inc. Lodi Toyota-Scion Geweke Toyota-Scion, Lodi, Calif.

The acquisition adds $40 million in estimated annual revenues and is Lithia's 10th Toyota store.

12/02/2013 Group 1/ Moritz Group 1 Automotive Inc. Moritz Dealerships of Dallas and Fort Worth BMW of Arlington, Mini of Arlington and Cadillac of Arlington Moritz BMW/Mini and Moritz Cadillac, Arlington, Texas

Group 1, which posted $7.48 billion in revenue in 2012, estimates that the newly acquired dealerships will generate an additional $200 million in annual revenue.

12/02/2013 M&N/ Martinez M&N Dealerships of Norman, Okla. (Ted Moore and Bob Nouri) Ralph Martinez McLoughlin Chrysler-Jeep, McLoughlin Hyundai, McLoughlin Fiat and McLoughlin Chevrolet Town & Country Chrysler-Jeep, Town & Country Hyundai, Town & Country Fiat and Town & Country Chevrolet, Milwaukie, Ore.

Mark Johnson of MD Johnson Inc. was the adviser.

12/02/2013 Halata/ Smart John Halata Phil Smart Jr. Mercedes-Benz of Lynnwood, Lynnwood, Wash.

Halata bought out Smart, who had been his partner. Mark Johnson of MD Johnson Inc. was the adviser.

11/11/2013 Kraushaar/ Sansone Adam Kraushaar of Lester Glenn Auto Group Paul Sansone Sr. of Sansone Auto Mall Lester Glenn Ford Sansone Ford, Ocean Township, N.J.

The dealership sold about 1,000 new and used vehicles in 2012. Matt Visconti of Blue Sky 1 was the adviser.

11/11/2013 Lithia/ Kopf & Wilson Lithia Motors Inc. Robert B. Kopf Inc. and R&V Wilson Inc. Volvo of Fresno and Lithia Mazda of Fresno Fresno Lincoln-Volvo, Fresno, Calif.

The Lincoln franchise has been added to Lithia's Fresno Ford store. Lithia's Fresno Mazda franchise has joined Volvo at the new location.

11/04/2013 Suburban/ Robbins Suburban Collection Rob Robbins Suburban Chrysler-Dodge-Jeep-Ram of Garden City Crestwood Dodge-Chrysler-Jeep-Ram, Garden City, Mich.
09/23/2013 Dodge/ Waldron William Dodge, Bill Dodge Auto Group William Waldron Bill Dodge Nissan of Saco and Bill Dodge Kia of Saco Nissan of Saco and Kia of Saco, Saco, Maine

Bill Dodge Auto Group sells Hyundai, Buick, GMC, Cadillac, BMW, Infiniti and Kia vehicles in Brunswick and Westbrook, Maine. Nancy Phillips Associates was the adviser.

09/23/2013 Toll and Lyster/ Friedman Abel Toll and Ronney Lyster, Autosaver Group J. Marshall Friedman Newport Chevrolet-Buick-GMC Dartmouth Motor Sales, Newport, N.H.

Autosaver's Toll and Lyster have several other dealerships in New Hampshire and Vermont with Subaru, Kia, Chrysler, Dodge, Jeep, Chevrolet, Buick and GMC franchises. Nancy Phillips Associates was the adviser.

09/23/2013 Young/ Carrigan Spencer Young, Young Automotive Group Allen Carrigan Young Chrysler-Dodge-Jeep-Ram Carrigan Motors, Morgan, Utah

Performance Brokerage Services was the adviser.

09/09/2013 Zeigler/ Don Davis Zeigler Auto Group Don Davis Autoworld Zeigler Honda of Amherst Don Davis Honda, Amherst, N.Y.

The dealership sold more than 1,000 new and used vehicles in 2012.

09/09/2013 Zeigler/ Evergreen Zeigler Auto Group Don Davis Autoworld Zeigler Honda of Amherst Don Davis Honda, Amherst, N.Y.

The dealership sold more than 1,000 new and used vehicles in 2012.

09/09/2013 RLJ McLarty Landers/ John Eagle RLJ McLarty Landers Automotive Holdings John Eagle Automotive Group Toyota of Lewisville, Lewisville, Texas

The dealership sold approximately 3,500 new and used vehicles in 2012. It's estimated that the dealership will generate $140 million in annualized revenues.

09/09/2013 IndiGO/ Desert European IndiGO Auto Group Desert European Motorcars Desert European Motorcars, Rancho Mirage, Calif. (Rolls-Royce, Bentley, Aston Martin, Jaguar, Land Rover, Porsche, Audi, Lotus and Maserati)

Desert European sold about 45 new and 28 used vehicles a month in 2012. Presidio was the adviser.

08/19/2013 Asbury/ Phil Smith Asbury Automotive Group Phil Smith Automotive Group Nalley Kia and Nalley Toyota Stonecrest Conyers Kia and Stonecrest Toyota, Lithonia, Ga.

Asbury COO Michael Kearney said in a July earnings call that he expects these dealerships and Conyers Hyundai to produce approximately $115 million in annualized revenues.

08/19/2013 AutoNation/ Sparrow and Thurston AutoNation Tom Sparrow and Bud Thurston AutoNation Honda Chandler SanTan Honda, Chandler, Ariz.
08/19/2013 Asbury/ Phil Smith Asbury Automotive Group Phil Smith Automotive Group Nalley Hyundai Conyers Hyundai, Conyers, Ga.
08/19/2013 AutoNation/ Sparrow and Thurston AutoNation Tom Sparrow and Bud Thurston AutoNation Hyundai Tempe Hyundai of Tempe, Tempe, Ariz.
08/19/2013 AutoNation/ Don Davis AutoNation Don Davis Auto Group AutoNation Toyota North Arlington Don Davis Toyota, Arlington, Texas
08/19/2013 Victory/ Weseloh Victory Automotive Group The Weseloh family Ocean Honda of San Juan Capistrano, Ocean Nissan of San Juan Capistrano and Ocean Kia of San Juan Capistrano Weseloh Honda, Weseloh Nissan and Weseloh Kia, San Juan Capistrano, Calif.

Pinnacle Mergers and Acquisitions was the adviser.

08/19/2013 Group 1/ Rountree Group 1 Automotive Rountree Automotive Group Rountree Ford-Lincoln, Shreveport, La.